Solution-What should be reported as total intangible assets

What should be reported as total intangible assets

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Question - The general ledger of Crane Corporation as of December 31, 2018, includes the following accounts:

Copyrights $49000

Deposits with advertising agency (will be used to promote goodwill) 26000

Discount on bonds payable 69000

Excess of cost over fair value of identifiable net assets of Acquired subsidiary 470000

Trademarks 77000

In the preparation of Crane's balance sheet as of December 31, 2018, what should be reported as total intangible assets?

Reference no: EM132563341

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What should be reported as total intangible assets : In the preparation of Crane's balance sheet as of December 31, 2018, what should be reported as total intangible assets

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What should be reported as total intangible assets

Reference no: EM132563341

Reference no: EM132563341

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